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SFGTV2
Dec 11, 2012 10:30am PST
citizens better with government * . i ran it for almost nine years. and when i was elected to office four years ago, i was unfortunately more surprised than i wanted to be about how far behind san francisco government was. this was very 2008, 2009. with you i'm really proud of the leaps and bounds we have taken as a city * . i was proud in 2010 to help move forward legislation to really bring together city departments to work in a coordinated way with our committee on information technology. to help create a chief information officer position for the city. i was also proud to work with then mayor newsome in passing the first generation of open data legislation that we have. but as our civil grand jury in june pointed out, our i-t in san francisco is still in need of a culture shock. and this is where all of us come in today. we have 200 data sets that have already been put out there, but by and large the data sets put out by city government are data sets that i think show us in a very positive way. from my perspective, it's important for us to keep on pushing data sets that allow us
SFGTV2
Dec 11, 2012 8:00am PST
done all the work that goes into the mfac award and the great government consulting as they pick the products to bring a lot of innovation to san francisco. cory? give cory a round of applause. [applause] >> thank you, chris. thank you so much for all of your hard work, chris. none of this could be possible without your efforts. good evening. the good government awards are incredibly important in san francisco. it's a chance for us to honor the tremendous work that happens in the city and also to honor the individuals who are responsible for some of that success. congratulations to all of our honorees. we're very grateful for your work. let's give a hand for them. [applause] the good government awards also support spur's good government work. it is a central part of our mission. our agenda is admittedly ambitious. we analyze every local measure on the san francisco ballot, which until recently was a pretty formidable task. we participate in most of the major issues of city government from pension and payroll tax reform to some of the most important discussions on how we fund a lot of
KCSMMHZ
Dec 11, 2012 6:00am PST
the limited institutional capacity of the afghan government endemic corruption. these are among the obstacles to long term stability in afghanistan. >>> another story from afghanistan. the first rail service launched earlier this year with support from the international community. it is still in its early stages, but expected to play a critical role in reconstruction in the future. nhk world has details. >> reporter: afghanistan's only railway began operating earlier this year near the border with uzbekistan. the line runs for 75 kilometers between the border town and the important regional city. afghanistan is a landlocked country. nearly half of all the goods it imports pass through here. security is a major concern amid the taliban insurgency. police officials stand guard along the tracks. they transport daily loads of flour and other commodities. rail transport is cheaper and faster than using afghanistan's treacherous roads. >> for the reconstruction of afghanistan, the railway is very important and it's growing the economy of afghanistan. it's important and we needed this in a
FOX Business
Dec 10, 2012 11:00pm EST
victims. >> the federal government sponded promptly and decisively. >> response has been robust. >> thank you for being such a strong leader. >> i am grateful f the productive conversations we have had. >> complement our e emergency responders they did an incredible job. neil: bidding aside the idiocy oo these remarks but the incredibly bad timing for thousands of out homes better in hotels and temporary housing. we hear th a government will take the punch bowl away when the shelter coverage ends despite their prediction from the government hself it may be months before they have a home. it seems sought on after two months it has made no contingency. don't be surprised if the folks to get the help raise a finger in the year. time to clear and how we stop this during the holidays with the greatest crisis we have never known common mayor guiliani. >> e response has not been at good. >> go back to where they did not have water. i am active with the twin towers fund raing many delivering blankets, water. one day after the nor'easter fema close the office for whether. this is ridicul
CNBC
Dec 11, 2012 6:00pm EST
terrified by what they saw. i hope they don't mind government intervention. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, the situation in washington is as discouraging. one after another i started with a too tack. i said let's go there. i said i totally agree the issue of spending not revenues. tell us what you have done to get spending done. did they give you the fellow traveler ideas? no. they attacked the president. each time when i asked for ideas on what to cut. like right now. like every other country in the north does, like pulling back on positions from our army. i got the same response. it is the president's fault. i might have well have been a mannequin. they he want to talk about raising taxes of the rich. but it can't be dismissed as part of the mosaic that will get the government out of the commission at all. they think they are so darn important down there. they t
CSPAN
Dec 11, 2012 7:00am EST
. the borrowing cost for state and federal governments would rise, and with it the borrowing cost for businesses and that could impact the economic recovery. in terms of the debt, there are various things we have heard consistently. the do not think any movement over the cliff, where there is a slope or a cliff, whatever you want to call it, is acceptable, and they're worried about borrowing costs. host: north carolina. chris. go ahead. caller: i have had a small business for many years, and in the beginning i took -- i did not take paychecks. finally, 20 years later i met the point where i could sell it, and a mix somewhere around $185,000, and my husband makes about $60,000. with the selling of my business, should i be rushed because of taxes to sell it before december 31? guest: one of the challenges in dealing with small businesses from washington is there is a wide range of business owners. you are like the vast majority in terms of the amount of money that you earn each year. what you see is different members of congress and the administration coming -- struggling to come up wit
FOX News
Dec 11, 2012 10:00am PST
as it related to collective bargaining rights, if power of collective bargaining for government workers. this is theoretically a less divisive issue. in wisconsin the president stood nearly silent. in michigan the president goes there the day before this mass demonstration and fires up the crowd. that didn't sound like a middle class tax relief outing, that sounded like the president firing up the base ahead of a day of maas demonstrations. alisyn: as you point out, chris, two years ago when this came up with wisconsin, the president basically said that's a state issue. he talked about it when asked in interviews, but he didn't prompt the conversation himself like he did yesterday. is there any talk in washington that by weighing in on this he ginned up the protesters, even inadvertently of what's happening now that we see? >> well, he sure didn't hurt the turnout. he sure didn't hurt the ardor for the union side, and that's by giving it his complicit blessing the day before and talking about this stuff. you know, michigan, what that state representative was talking about there,
CSPAN
Dec 11, 2012 1:00pm EST
. we just had an -- we have board of elections. i'm going to talk -- federal government wants to do one thing in a can help us. send us more money to buy new machines. because our machines are old. our maintenance contracts are wearing out. this is all done at the local level. they got us addicted to these new expensive machines and our machines are getting old and there's no federal dollars to replace them. and then, oh, by the way, budgets are being cut. it's going from the federal to the state to the local. and so we had -- we just had an announcement where the county that was cnn was at, said it could be the most important county in ohio, that their board just laid off a third of their work pours. and now they may be able to come back and replace those folks with temporary workers down the road, but it's talent and training and all of those things that we continue to go on the cheap. we can't run a world-class election system on the cheap. it's just not possible. you can't ask a system to do more and more and more and more, have fewer resources, older equipment and less trained
MSNBC
Dec 11, 2012 3:00pm PST
to do. we are a democracy. and a democracy is a government based on representation. we have elected officials here who are not representing the people that elected them. and that's a real problem. we need to hold them accountable. we didn't take up the bills today in the house, but i have a feeling we're going to be taking up some of these bills tomorrow. and we need to be very vocal, and as i said we need to hold people accountable. these representatives just as you heard, they're not going around saying this is my agenda. it's i believe in small government. well, you know, telling a woman what she can and cannot do with her body is not small government. they talk about jobs. this house bill 5711 would actually result in a loss of jobs because clinics would close. and women would have nowhere to go for health care. you know, everything that republicans can say they're against, big government, privacy, all those things is the exact opposite that's in this legislation. >> nancy keenan and lisa brown, i'm going to have to hold it there. but we're certainly going to keep on top of this
FOX Business
Dec 10, 2012 7:00pm EST
bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that america's time as the lone superpower is nearing an end. former director of national intelligence john negro panty joins us to talk about our future as a superpower and the challenges that we'll surely face. we begin tonight with one of the few scheduling misadventures of president obama's swire tenure in -- entire tenure in office. the president speaking to autoworkers outside detroit today, a day before governor snyder will sign michigan's newly-passed right-to-work law into effect. the president standing firmly with the unions that worked hard to get him reelected. >> what we shouldn't do, i just gotta say this, what we shouldn't be doing is try to take away your rights to bargain @or better wages to work -- [che
SFGTV2
Dec 11, 2012 10:00am PST
francisco arts, we're creating access for people, creating efficiency with the government being able to manage transactions, creating a platform for people to actually interact with the city on a level that hasn't been done before. so, ideally, using the san francisco rec and park, the future san francisco arts app, using our mobile commerce to manage that is creating jobs, revenue, and efficiency for the public and tourists to be able to navigate san francisco in a way that hasn't been done before. thank you. >> all right. (applause) >> so, we're going to show another application from motion launch, the founder and ceo, john, will be sharing some of the work that they're doing. they're based here out of san francisco and they've got a great announcement to make. >> i am jon mills. i'm ceo of motion loft. we started about three years ago developing sensors that we could place around cities that would give us some analytics on how people move around cities and how vehicles drive around cities. so, currently we have 16 neighborhoods -- 18 neighborhoods covered in san francisco, and we get
KCSMMHZ
Dec 11, 2012 2:00am PST
, which means it is a balanced loan by the government. >> i need to pay 30,000 pounds each year so my son can study in england. i borrow money to cover it. the mortgage i pay with my pension. luckily, my wife also has a pension. if they want to cut, they should start with the people at the top, or is there another place where the president gets 320,000 euros as a going away present? >> the cypriots are not just angry about self-serving politicians. they have also discovered that the head of the country's central bank, who has since been fired, approved a 500,000 euro loan for himself at nearly no interest. >> for the eu, the imf, and the european central bank, which have lone cypress billions of years, it is clear the waste and corruption in the country must end -- which have loaned cypress billions of euros. the troika is also calling for more regulation of credit policies. they say the banks lord separate into taking out dodgy loans. >> one of the factors that contributed to this excess of liquidity in the separate banking sector is the attraction of foreign deposits. at this point in t
KCSMMHZ
Dec 11, 2012 2:30pm PST
dialogue as both pro-am and anti-government forces gathered. they said they will decide whether to attend the talks. >> this comes ahead of a visit scheduled for saturday for a new constitution that the opposition says is it too was promised. -- too islamist. >> protesters preparing to breach the barriers. the president and the muslim brotherhood have alienated many egyptians saying the government does not reflect the country's diversity. egypt is too big for you to be president, says one sign. in tahrir square, people were injured after the gunman opened fire. this enraged many demonstrators. >> they attacked us from all sides. 13 or 14 people were injured including a young 13-year-old boy. >> these protesters refused to be intimidated. they planned to hit the streets in protest of saturday's planned constitutional referendum. they believe the constitution was pushed through by his islamist allies and they want to postpone the vote. >> all of these barriers here are not enough to keep 1 million revolutionaries from continuing their protests. >> morsi's supporters are mobilizing as well.
PBS
Dec 10, 2012 7:00pm PST
extended hours trading. selling these shares will mean the government made a profit with its bailout. after this stock sale, the government will continue to own warrants, allowing it to buy a.i.g. stock if it chooses. separately, a.i.g. announced it will sell almost all of its aircraft leasing business to a group of chinese companies for $4.8 billion. that's much less than what a.i.g. wanted. it is a different kind of deal for conglomerate ingersoll-rand. it will spin off its locks business, with names schlage and kryptonite, something active shareholders have been calling for. i-r shares fell 1.9%. four of the five most actively traded exchange traded products were up. the financial e.t.f. fell two tenths of a percent. and that's tonight's "market focus." >> tom: could wall street be turning on apple? not only is the stock one of the most widely owned, it also is almost universally loved by analysts. but the stock has dropped more than 20% in less than three months. tonight's "word on the street" is "apple." lindsey bell is an investment analyst with thestreet.com. lindsay,
SFGTV2
Dec 10, 2012 8:30pm PST
deals with government and jazz. chris always wanted to work for the state department. he always wanted to be involved in the foreign service. he took the foreign service exam when we were undergrads at cal. he came back the first time, pleased with results on the written but felt he didn't do so well on the orals. the question that seemed to trip him up and left him perplexed was the following. mr. stevens, please compare american government and jazz music. chris told us he didn't quite know how to handle that question. my suggestion involved people blowing loudly on their horns or banging loud' on their drums was not terribly helpful. we decided to ask questions to trip up the applicant. we didn't have the internet to find a quick answer but figured it out. though chris may not have come up with the answer during that exam he certainly lived the message taught by this interesting comparison. both american democracy and jazz music involved ongoing experimentation. they involve unscripted action and improvisation as we figure out the best way to get along. both depend on a group allowin
CNBC
Dec 11, 2012 9:00am EST
the street" begins right now. >>> a government fractured, a market paralyzed, a call to action. as our nation careens to the fiscal cliff. cnbc's challenge to lawmakers to rise above partisan politics, seem compromise and find the solution. the clock is ticking down. the stakes are getting higher. now, we are turning up the pressure. this is a cnbc special report, "mission critical: rise above d.c." >> welcome back to our continuing coverage, mission critical: rise above d.c. we've been here all morning long. while we've been here on capitol hill, we've been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. in the last hour we sat down with grover norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. he also added he thinks house speaker boehner has been a good leader during the fiscal cliff negotiations. and then we were joined by bob corker and bob conrad. corker said we need to focus more on entitlements now, and he will not sign any package that doesn't deal
PBS
Dec 10, 2012 7:00pm PST
but japanese business and government have a close eye on iraq as a promising future energy source. >> translator: as one of the world's largest oil producers iraq offers a wide range of opportunities. >> reporter: chinese firms were prominent. the state run oil company has already won the contract to double up a huge oil field near the city. >> iraq is new market. it's booming for oil and gas. i see the risk. they're so nice. >> reporter: security remains precarious since the start of the 2003 iraq war. a string of terrorist attacks rock the country after the last u.s. troops pulled out a year ago. three major ethnic and religious groups are still jostling for control of political power, territory and all revenues. >>> north korea has announced it will extend the period for iraq's oil men minister has set an ambitious target. launching what it calls a >> translator: we welcome companies and want to show them what they can do to develop basra. >> reporter: iraq is now in a better position to attract investment with neighboring iran conquered by sanctions on its nuclear program. sat
CSPAN
Dec 11, 2012 9:00am EST
and conditions of each project. freight railroads support passenger rail and support government efforts to grow passenger rail in ways that make economic sense and that complement the freight railroads. freight railroads are therefore committed to working with government officials, passenger rail stakeholders, and others, to ensure a winning result for all parties involved. thank you for your attention. >> thank you, and we will get into some questions here than. mr. behm, your testimony explained the sar of staff said additional guidance is to help assure guidance with policy and procedures. what efforts are underway to assure this is occurring? what also on the risks if we don't have further guidance to the states? >> we've made recommendations to the sra to enhance the guidance they provided to the states, fra staffers was a state grantees. i think the focus wasn't a matter of i think fra was not willing to provide this guidance but i've easily considering the challenge that they were faced in establishing this program from the ground up. you are ultimately one of the largest
FOX News
Dec 11, 2012 1:00pm PST
10 years than this year. if we cannot curb the growth of anything in government how do we rain in government? >>guest: the word cut means if you got $10 president last year and you applied $15 and you get $12 million, you are "cut." this is baseline budgeting. go to zero base budgeting like most people do and you see where the "cuts" are. we are not cutting social security. we are not cutting medicare the we said get if there and stop the automatic pilot process. this stuff is on automatic pilot. of $1.1 trillion that came in, in revenue, in 2011, that is everything, it only went to medicare and medicaid and social security. we borrowed to do two wars, infrastructure, homeland security, defense, everything, culture, big bird, the whole works, we borrowed $3.6 billion a day? we don't we were know what $1 trillion is. you say the big bang theory of the universe, the planets and the sun, spinning off, that happened 13 billion years ago and that isn't close to a trillion and we owe $16 trillion those babies. have a drink. wake up! >>neil: good words, senator, thank you. >>guest: take
Current
Dec 11, 2012 2:00am PST
even like the government shutdown. you don't necessarily have an enormous market reaction. this is not like the country defaulting on its debt. but it's serious for two reasons. we don't know what the reaction could be. there it is a chance that it could spook the markets. the second thing, the combine pieces of this passage is a combined 4% of the gdp. if they went into affect and remained in affect not just for a couple of weeks but for the full year it's hard to see how the economy avoids a recession next year. it's not guaranteed but it's more than enough to push the economy into a recession. if you go over for a few weeks it's not clear if the damage would be so great. it's hard to see how the economy sacrifice next year healthy if it's not averted in some way. >> eliot: david, that's clearly correct if the entirety of it continueed uninterrupted, but some pieces will occur regardless, other pieces could be remedied, which is why the timing issue and the cataclysm in january 1st has struck me whereme--we'll wait and see if anything happens. ruth, turning to the other half of this.
KRON
Dec 11, 2012 6:00am PST
. government at one time on a 92% stake in aig. many thought the u.s. government would lose a lot of money on this deal. the u.s. government makes 22.7 billion and aig is now out of government hands. rumors percolating bad investors are buying up shares of hewlett-packard. their shares were up 2 1/2% yesterday and up 3 1/4% in trading. they continued to slide down the $529.22. >> port of oakland maritime director james klein steps down as a newly released audit shows nearly two under thousand dollars in questionable expenses from missouri's meals to a tiffany silver key ring to a u2 concert. in internal audit of 2011 expenses were already under way in october when news broke about the ports executive director, all our big demand and kwan spent nearly $4,500 at the he is a strip club. the men that are ready step down from his position. >> american schoolchildren can lead to continue to lag behind stevens and asian countries in math and science exams given globally singapore south korea and japan outperformed u.s. fourth and eighth grade students of the 2011 trends in international mathemati
SFGTV2
Dec 10, 2012 9:00pm PST
went viral because libyans were amazed at the site of a senior government official doing mundane activities without a huge entourage and demanding vip treatment. chris had a great knowledge of libyan history and culture. he would often crack jokes with government counter parts. not just in arabic but in the libyan dialect, which the libyans loved to hear him speak. another told me when i saw him in may as newly appointed ambassador in tripoli he had not changed, despite the promotion and accolades. he was the same guy. lingering one night after dinner to help me with a difficult table, i referred to him as sir or ambassador. he looked at me for a second, he sighs and he said i wish everyone would just call me chris. he loved the work, loved the people, but he never took himself too seriously. people talk about what a good diplomat he was. he knew how to motivate others to be the same. even those down on their careers, lost faith, in hardship. this was a tough task to inspire other to serve with dignity and self-respect. chris knew how to do that. nothing we can say here can make
CNBC
Dec 11, 2012 6:00am EST
to give to you. for four years after that, $182 billion buyback. the government offering more than $230 million in shares. the price represents a 2.6% discount. aig closed yesterday. it will raise $7.6 billion. in a statement, treasury's former chief reinstruct during officers jim millstien says no tax player should be pleased with the government had to rescue this company, but all taxpayers should be pleased with today's anounlsment ending the largest of the industry bailouts. but the way, that profit now looking to be about $15.2 billion and people did not expect that we would ever make money on in deal. i don't know if that makes the deal any better. i don't know if all of the anger and frustration that people have had, that people say, okay, we had a profit and we're okay with it. are you okay with it? >> i'm okay with it, yeah. i feel better. i know you haven't seen this movie, but "mr. smith on goes to washington." he said for so long -- >> where were you looking at on the screen? >> i was just reading it. i don't know. you guys of lost me on that last one. >> aig said et was
PBS
Dec 10, 2012 6:30pm PST
. critics have accused him of being too close to the government in beijing. it is every writer's dream. 57-year-old mo yan was presented prize for literature by the swedish king. the academy praised his works for combining hallucinatory realism with chinese folk tales from a history, and contemporary life. but it was a controversial decision. critics accuse mo of acting as a mouthpiece for the chinese government. the author sparked controversy at reading recently when he compared censorship in his country to the inconvenient, but necessary security checks at airports. the awards or medicine, physics, chemistry, and economics went to eight winners from the u.s., japan, france, and britain. >> the nobel prize for economics was jointly awarded to allan ross and lloyd shapley for their work on matching supply and demand -- alvin roth and lloyd shapley for their work on matching supply and demand. 89-year-old lloyd shapley, professor emeritus at the university of california, received a standing ovation. >> while the eu is celebrating winning the nobel peace prize, one of its largest member stat
CNN
Dec 11, 2012 8:00am PST
check for you that you may not like to hear. for every one dollar that the government collects, it spends 71 cents of it on the big four. the big four are medicare, medicaid, social security, and interest. just interest on the nation's dea debt. so that ain't pretty and i'm sorry to say it's not getting any prettier. in the next four years, those costs will eat up 100% of every dollar that the government collects. these are sad statistics from the government accountability office. no money for defense, nothing for education, food, safety, veterans, the whole shebang. it's basically in your own personal economy like spending every cent you earn on your mortgage and nothing else. no food,clothes, no car, you get the picture, right. the 20-year prediction is even more mind blowing. the big four is set to consume $1.21 for every $1 that you pay in in taxes, which brings us back to the cliff, the fiscal cliff, and how lawmakers can fix this very expensive problem. terry savage is the nationally syndicated financial columnist for the "chicago sun-times." terry, it's good of you to join u
CSPAN
Dec 10, 2012 8:00pm EST
some of the challenges facing state governments. we will have live coverage from the u.s. chamber of commerce beginning at 9:00 a.m. eastern on c-span3. later, a discussion on programs for older americans. will be hosted by republicans on the senate committee on aging. live coverage at 10:00 a.m. eastern. coming up in a moment, a panel on innovation and the economy. after that, we will hear from presidential economic adviser gene sperling. then how sequestration could affect national security and the defense budget. >> he would punch me, strangle me, take things from me. >> i have been on that bus. >> all of us in this country are starting to see people coming out and talking about their experience of this phenomenon that so many of us experienced in one way or another and have had no words for, other than adolescents, other than growing up. people are starting to stand back and say, this is not actually a normal part of growing up. this is not a normal right of passage. this is a moment where there is a possibility for change. the director and i decided to start the film out of that
CSPAN
Dec 11, 2012 5:00pm EST
% that he wants to raise it from -- the wealthy -- that's only going to run the government for eight days. so what do you do the other 357 days? or if you look at the deficit, it will only take care of 7% of the $1 trillion-plus deficit that we have every year. what about the other 93%? so the point being that we can talk about taxes and taxes and taxes, but it's not going to solve the fiscal problems facing our nation. we don't have a taxing problem. we have a spending problem. and so we should have been spending the last three weeks talking about how we're going to take care of the other 93% of the problem. the president should have declared victory three weeks ago, and we wouldn't have had all this lost time between now and right after the election. but i said i wanted to set the record straight. the tax relief reduced the -- the tax relief of 2001 and 2003 reduced the tax burden for virtually every tax-paying american. it did this through across-the-board tax rate reductions, marriage penalty relief, enhancing certain tax provisions for hardworking families such as doubling the c
PBS
Dec 11, 2012 3:00pm PST
pennsylvania. >> woodruff: we examine an almost $2 billion government settlement with british bank hsbc over charges of money laundering for the nation of iran and mexican drug cartels. >> suarez: jeffrey brown profiles chinese artist and dissident ai wei wei, whose work is on exhibit in the u.s. for the first time. >> if we can change ourselves, that means part of society will change. if more people can do so, then we can change the society. >> woodruff: and we look at what the federal trade commission calls a "digital danger zone," mobile applications that gather data about children. >> what needs to be done is a way for parents to easily at any time see exactly what's being collected and who they are sharing that information with. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. and with the ongoing support of t
CSPAN
Dec 11, 2012 6:00am EST
our number one goal should be, as you may know, amtrak bones, the government people own, have an interest in 600 miles of track between washington d.c. our nation's capital, philadelphia, new york city, boston, the most congested corridor in the united states of america, that is the only 600 miles that we really own. we another small stretches around the commuter -- all the rest of amtrak service, over 20,000 miles of private freight rail. i see the main rail people in the audience and they have concerns too about using theirs and not having dedicated them and we need to address that issue as we move forward. final point is northeast quarter is where we should be putting the focus. give the administration credit for at least taking the money that has been turned back dedicating so that to the northeast quarter but we are doing it in a piecemeal, half baked fashion. the northeast corridor, every state, every major area can benefit by bringing high-speed rail to the northeast corridor. 70% of our air traffic delays emanate from the northeast corridor even when we have next-generati
CSPAN
Dec 11, 2012 12:00pm EST
by businesses, local governments, hospitals, and other nonprofit organizations for payroll and other recurrent expenses. and this program provides certainty to businesses in uncertain times. these accounts are also important to our nation's smallest financial institutions. in fact, 90% of community banks with assets under $10 billion have tag deposits. this program allows these institutions to serve the banking needs of the small businesses in their communities, keeping deposits local. in my state of south dakota, i know that the tag program is important to banks, credit unions, and small businesses. our nation's economy is certainly in a different place than it was in 2008 at the height of the financial crisis when this program was created. but with concerns about the fiscal cliff and continued instability in european markets, i believe a temporary extension is needed. therefore, i believe a clean two-year extension makes the most sense. it provides the most certainty for business and financial institutions. it also provides time to prepare for the end of the program in two ye
CNBC
Dec 11, 2012 4:00am EST
>>> the formalitier government is accused of being sent rick. >> massive write-downs n u.s. and brazil while warning over a week's global recovery. >>> and hsbc agreed to settle money laundering charges, paying a record $1.9 billion fine. >>> and we're getting the bumping out here today, not only because it's christmas, but -- >> because james ferguson is here. >> and we are finally in the same place at the same time. ♪ reunited and it feels so good ♪ >> there we go. >> my apologies to everyone for that. >> how about that voice? i feel a christmas sing along coming on at some point. >> it's the holt day spirit. >> it is. >> also, we are outside the u.s. senate. we're going to see just how much progress has been made or how little progress between the president and congress on the fiscal cliff situation. >>> and we'll find out just how much the european debt crisis has affected tourist's willingness to travel to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into where we
CSPAN
Dec 11, 2012 1:00am EST
most undervalued industry is the embodiment of this requirement. we need to have government investing. the founders understood that. hamilton was in favor of prizes for innovation. some of it is about money. an open society in which we can exchange ideas. standardization. what are we talking about when we talk about a fundamental measure of a basic material that is going to be part of technology? the money is very critical. we have a problem with respect to an old model in the life sciences and applied sciences. this is a problem. i am on a panel for emerging technologies. advanced technology developments. this was news to me. it is not about hardware but about systems and components. industry has something to learn from what is happening in the way the defense department is mulling the development of new technologies from basic sciences. >> i have been working for google for the last eight years. larry and sergei were brought together to create google. private industry. google is the epitome of the with the forces come together to create what i think is an innovation now. o
PBS
Dec 11, 2012 12:00am PST
government gives up because of all the tax breaks. that's enough to solve the revenue problem but it's not going to happen. >> ifill: ray suarez has a newsmaker interview with secretary of homeland security janet napolitano. >> you can discuss border security and immigration reform simultaneously now. we don't have to this kind of first this and then that. at this point they actually go together. >> woodruff: special correspondent rick karr reports on the polluted waters that spilled into new york homes and businesses in superstorm sandy, raising health concerns. >> everybody sort of got sick at the same time. all of us sort of attributed it to, well, we're all stressed out. it's very cold. but that said, there is a lot of nasty stuff hanging about. >> ifill: and hari sreenivasan has an update on the dangerous working conditions in bangladesh, where more than 100 workers have died over the past month. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloa
CSPAN
Dec 10, 2012 8:30pm EST
government and into this civilian life. there's no doubt the latino vote was important in this past election. when we put this together we didn't foe how important. this was an event that ambulanced ahead of the elections themselves and we started with a question mark, and decided to keep the question mark on there only because there are many people that will claim that election outcomes were the result of different factors, but i don't think there's any doubt, and for anyone who watched endless hours of talk tv and talk radio, the days after the election, like me, knows there was probably no theme that came up more often than the importance of the latino vote. for many of us that followed these issues from -- some like roberto with great expertise, others like me, with much more general recall -- generality, for the past couple of decree okayed we said the latino vote is going to matter in the national elections. this is the year the latino vote comes home. i think after a while we stopped believing it. we figured some day it bill be divisive factor. the you can can make a plausibl
FOX News
Dec 11, 2012 6:00am PST
of tea but their government works. martha: hmmm. that is getting a lot of attention this morning. now while the gao says the relationship with china is important he is not encouraging communist government as he said in the quote. may not be your cup of tea. bob beckel, former campaign manager. andrea tanteros, news day columnist and both co-hosts of "the five." andrea, you do you have a problem with that? >> yeah i do. i wonder if i studied history to look at eastern europe to see how welcome nism worked for those countrys? the reason he is saying that, mr. immelt, our jobs czar sent a lot of ge's business over to china. we heard during this campaign, this grueling presidential campaign, martha, president obama attacked mitt romney for outsourcing when his jobs czar, jeff immelt, sent, couple of examples. one company in wisconsin, the summer over to china. another light bulb factory in virginia over to china. i mean ge got $1.2 billion in stimulus funds. they send the jobs over to china. no wonder he likes china so much. martha: i mean a lot of people have the problem with the way thi
FOX News
Dec 11, 2012 3:00pm PST
exacerbates the problem with the deficit. >> era of big government is over. >> that famous declaration came toward the end of the first term where president clinton slashed the federal workforce by 14%. executive branch and created the department of homeland security and nearly 80,000 workers for a jump of 4.2%. despite the 7% increase over president obama's first term, the white house said he is committed to a leaner federal government in his second. but press secretary jay carney could only point to one fairly limited initiative to accomplish that. >> the president has put forward proposal to streamline and reorganize the variety of agencies that deal with commerce in the federal government. exports. >> the obama era in terms of the government hiring proved less kind to the states. from january 2009 through last month, according to bureau of labor statistics, the number of the state employees declineed by 120,000 or little over 2%. >> bret: thank you. up next. the president's defense secretary backs away from words about syria and chemical weapons. >> bret: the pentagon t
ABC
Dec 10, 2012 6:00pm PST
and democratic members of congress to hold firm against atemtss to cut government spending in social security and medicare. the message for move on progressives cut the tax cuts for the wealthyest americans, and do not cut social security and medicare benefits. >> we have to make sure we tax the rich. people making over $200,000, people over 200,000 a year should be able to pay more to get ous out of this economic mess wall street has done. >> 50 people gathered outside of the ssa office in oakland. among them, oakland congressman barbara lee. >> i'm going back to washington, d.c. tomorrow. to continue to fight the good fight. you have a resistance movement. >> lee says resist cuts. and medicare and social security hang on to 40% of what the government spends. >> we have to raise the revenue from areas where we know there is ways to be having some savings. >> lie could not name a single program. members vowed to call speaker of the house to tell him no cuts to services. >> when president says i want to balance the budget does he say no cuts? >> i think he is saying he won't cu
CSPAN
Dec 11, 2012 10:00am EST
was in the clinton administration and in charge of of the social programs and the federal government i had a wonderful staff of civil servants, highly trained, highly competent. i would not have wanted to pay them a lot less. they were doing the work that you seem to want to have done, which is to scrutinize all of these programs and put pressure on the agencies to cut those that are not working and to ferret out all of the inefficiencies as well as the fraud. i think jim has had some experiences. guest: the federal government has tried to roll up waste and fraud, but when taxpayer money is involved it is different than a private enterprise. the ability for fraud to creep into government programs financed by taxes is much tighter than private enterprises -- because shareholders have their own money that they invest. there are a certain amount of problems. for instance, medicare, probably in the order of $60 billion per year in a wasteful and fraudulent payments. this is a huge number. it is in part because medicare programs paying a billion claims a year for medical services. the abi
CNN
Dec 11, 2012 6:00am PST
republican tanya schudemaker. >>> in egypt a new eruption of violence, gunmen opened fire on anti-government protesters, camped out in tahrir square. also amassing supporters of president mohamed morsi and a controversial vote this weekend on a new constitution. today as you might imagine, tensions are very high as the political crisis threatens to ignite new conflicts. reza, what is happening now? >> reporter: ted, i don't think too many people want a repeat performance what have we saw last week, at the presidential palace where the two sides of the conflict met here and came to blows, nearly 700 people injured in clashes, several people killed. today the stage is set for another potentially violent and explosive day, because both these sides again have called for mass demonstrations within the next hour, opposition factions, critics of the president, have set out on marches that are going to culminate here at the presidential palace. in about 15, 20 minutes away from this location, that's where the muslim brotherhood, the supporters of the president, have called for their own demonstratio
CNN
Dec 10, 2012 4:00pm PST
taxess and lower entitleme entitlements, government spending, it reduces economic growth, and it will. it just depends on how slowly or quickly you do it. if you do it quickly, it's a cliff. if you do it slowly, you drift down in a parachute. it seems to me the $16 trillion as opposed to the $4 trillion, that our entitlements are so significant, medicare, medicaid, social security going forward, based upon the aging of the boomers, primarily, that number is so significant at some point two or three or four years down the road, we'll be back at it in terms of cutting entitlements and raising taxes. we have a significant grand canyon. >> if we do $4 trillion which again is very optimistic, that's a band aid or a small down payment? >> i think so. there's no doubt that will calm markets, that, you know, positive enthusiasts will look to that in terms of higher stock prices and higher economic growth in the short term, but ultimately, this drag, this fiscal drag is a significant force based upon reducing entitlements over the next 10, 15, 20 years, and we're going to have to address it at
FOX Business
Dec 11, 2012 5:00pm EST
subprime. you know also, obviously it's a government-backed market. this, trillion dollars that people, this is now, essentially entirely government market. you saw the government housing policies, loose monetary policies gave us subprime. you're seeing a credit mania created in both cases by government policies saying housing is good at any cost. education, this thing called college. wherever you studied, whatever you went, whatever you did there at any price is good and that is dangerous. melissa: money is available anyone feels like they can go out and get a loan. they're really worried about choosing a college based on price. choose it based on everything else. that is nice in a world where college is free but it's not. >> you're not helping students if you give everybody the subsidies. the colleges over the years are good at pocketing that, raising tuition prices. this is one market where it has grown, the prices have grown faster than health care. not just faster than inflation but runaway costs. >> you really believe that is true? i say that to people all the time. all it is doi
MSNBC
Dec 11, 2012 2:00am PST
, it's not whether they should be married or not. the question is why is the government involved in our marriage. >>> former house majority leader dick armey talking on cbs talking about the 2012 election said, quote, we had a lot of candidates, quite frankly, that did dumb things out there. >>> the republican national committee is planning an autopsy on the campaign to exam what worked and what didn't work in 2012. >>> a new politico poll finds that romney supported him by 47% and 650% put romney on their night list. >>> meanwhile the president and his family got in the spirit at the christmas concert with diana ross and koenen o'brien and they got to meet some of the former patients who dressed up as santa's little helper elves. >> release the elves. hey, elf, what's your name. >> olivia. >> everybody look up and say cheese. >> cheese. >> cheese. >> say merry christmas. >> merry christmas. >> ho, ho, ho. >> ho, ho, ho. >> he does a good santa. and that's your morning dish of scrambled politics. and now for a look at your national weather, let's turn to nbc meteorologist bill karins, h
FOX News
Dec 11, 2012 8:00am PST
local police and government officials are reluctant to arrest islamist extremists who are suspected to belong to powerful militias there. despite the fact that the fbi identified several suspects none has been arrested in the country and even some have fled benghazi. jenna: a big day for michigan, one of the most pro-labor states historically in this nation about to become a right-to-work state. the uns are not going down without a fight. they are staging massive protests. i'm jenna lee. rick: i'm rick folbaum in for jon scott. as massive amounts of demonstrators state troopers with tear gas and batons stand at the ready. governor rick snyder vowing to sign the right to work legislation as soon at it hits his desk. the measure means employees will decide for themselves whether they want to join and financially support a union the governor says that could create more jobs, others are worried that the legislation could weaken the union's power and lead to lower wages for everyone. >> it is a big deal because what they want us to do, they want to reduce workers down to working for less. i
PBS
Dec 11, 2012 12:00pm PST
-- state-run communism may not be your cup of tea but their government works, you know? newspaper they get things done. >> they have five-year plans. i always tell our team "read the five-year plan" which is the segment we're in. typically what they're doing makes sense in the chinese context, that's what they're doing now. the new president comes in now, mr. xi comes in, he has an agenda, they're driving environment, company reform, more consumerism, that's the right thing. for the u.s. i don't think that's a bad thing. i think we needs a relationship -- we need a strong bilateral relationship with china, we do. but if you sit back as an american business guy and say basically you're going on zero percent growth for a long time. japan has had zero percent growth for twenty years. the u.s., you're sitting at 1.5% maybe 2% g.d.p. growth. if you're not willing to get off your butt and go to every corner of the world you're going to get fired so we have to sell all over the place and china is valuable not just for china but it pulls along brazil. >> rose: then there's africa. >> i like africa
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